Fears are growing in Musselburgh that one of the town’s biggest retailers could be preparing to pull out of the High Street.
A “To Let” sign recently appeared above the door of B&M Bargains, fuelling speculation about the future of the store.
The premises were taken over by B&M in 2009 following the demise of the previous occupiers, high street giant Woolworths, at the end of 2008.
Letting agents Reith Lambert confirmed this week that the company’s lease on the property was about to expire.
They said a deal had been agreed with the owners, which meant B&M would continue to occupy the store until a replacement tenant was found.
“It is an arrangement that suits both parties; they stay until we get a new tenant and then get out,” said a spokesman.
He refused to divulge if negotiations were already taking place with a prospective tenant.
Musselburgh store manager Mark Dobbins said it was his understanding, however, that the company was in the process of renegotiating the lease with the landlord and that B&M Bargains would not be closing.
Despite repeated calls to the company’s head office, the News has been unable to find anyone willing to clarify the situation.
Musselburgh East councillor Stuart Currie (SNP) is now seeking assurances about the store’s future.
Full story in this week’s Musselburgh News, on sale now.